Sales: Retail Trade: Total Retail Trade: Value for Finland
Index 2015=100, Annual, Not Seasonally Adjusted
SLRTTO02FIA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.54
Year-over-Year Change
31.72%
Date Range
1/1/1985 - 1/1/2022
Summary
The 'Index 2015=100, Annual, Not Seasonally Adjusted' series measures the annual change in retail trade sales in the United States. This metric is a key indicator of consumer spending and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the annual change in the total value of retail sales, representing a broad measure of consumer demand and confidence. Economists and policymakers monitor this trend to gain insights into the state of the broader economy.
Methodology
The data is collected through monthly surveys of retail establishments by the U.S. Census Bureau.
Historical Context
Retail sales data is closely watched by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The index is based on the year 2015 with a value of 100.
- Retail sales account for nearly 70% of U.S. economic activity.
- Annual retail sales have grown by an average of 4.4% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This index measures the annual change in the total value of retail sales in the United States, providing a broad indicator of consumer spending and demand.
Q: Why is this trend relevant for users or analysts?
A: Retail sales data is a key economic indicator closely watched by policymakers, economists, and market analysts to gauge the health and direction of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Retail sales figures are closely monitored by the Federal Reserve and other institutions to inform monetary policy decisions and assess the state of consumer spending and the overall economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight delay, and represents a comprehensive measure of retail activity across the United States.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (SLRTTO02FIA661N), retrieved from FRED.